Tesla entering a 'golden chapter' with autonomous vehicles & robotics, Wedbush's Dan Ives says

Tesla - Tesla's revenue is primarily driven by car sales, which account for three-quarters of its total revenue [1] - Demand for Tesla vehicles is stabilizing, particularly in China, which is seen as a positive sign for the car business and margins [2] - The future growth potential for Tesla lies in autonomous robotics and the development of a robo taxi network, which could significantly enhance profitability over the next 12 to 18 months [3][4] - Tesla is expected to own its robo taxi network, presenting a competitive threat to companies like Uber [6] - The integration of Tesla vehicles into a shared network could allow owners to generate income while not using their cars [7] - The anticipated growth in earnings could see significant increases, with projections of 12 to 20 times current earnings over the next few years [8] Robotics - Tesla's vision includes the widespread use of robots in households within the next 2 to 3 years, performing tasks such as laundry and dog walking [10][11] - The company aims to dominate the robotics market alongside its autonomous vehicle ambitions, positioning itself as a leader in physical AI [12] Apple - Apple is expected to benefit from a strong uptake of the iPhone 17, which could positively influence guidance for the upcoming holiday season [14][15] - The shift in market dynamics in China is now seen as a tailwind for Apple, contrasting with previous headwinds [16] - The anticipated partnership with Gemini on AI could drive Apple's stock price to $325 or $350 in the next year [16] Microsoft - Microsoft is positioned strongly in the enterprise AI market, which may allow it to maintain its competitive edge despite Amazon's challenges [18] - Google's growth in cloud services is notable, but Microsoft continues to lead in enterprise AI workloads [18]